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<p>[QUOTE="National dealer, post: 24640, member: 487"]I received an email from a viewer of the forum asking when to use a lower tier grading service.</p><p><br /></p><p>Here is the rule that I recommend and use.</p><p><br /></p><p>When buying a coin: Unless you are very good at grading coins, never, ever, buy a coin in a low tier holder. Your odds of being burnt are 85% or better.</p><p><br /></p><p>The only low tier service that I use is PCI. This case is very strict and limited. When at a show, if buying or selling a raw key date coin, or a heavily counterfeited coin, I will use PCI for <b>authentication</b> purposes only.</p><p>With a two hour turn around time, the transaction can be taken care of quickly. The buy/sell price does not change after the coin is graded reguardless of the grade assigned by PCI. </p><p>Again, using PCI is only considered when time is a factor. </p><p><br /></p><p>Routinely I will buy coins housed in other holders as I am confident in my grading skills. After the purchase, all of these coins are removed and reholdered by either PCGS or NGC. Anacs is used if a variety is in question.[/QUOTE]</p><p><br /></p>
[QUOTE="National dealer, post: 24640, member: 487"]I received an email from a viewer of the forum asking when to use a lower tier grading service. Here is the rule that I recommend and use. When buying a coin: Unless you are very good at grading coins, never, ever, buy a coin in a low tier holder. Your odds of being burnt are 85% or better. The only low tier service that I use is PCI. This case is very strict and limited. When at a show, if buying or selling a raw key date coin, or a heavily counterfeited coin, I will use PCI for [B]authentication[/B] purposes only. With a two hour turn around time, the transaction can be taken care of quickly. The buy/sell price does not change after the coin is graded reguardless of the grade assigned by PCI. Again, using PCI is only considered when time is a factor. Routinely I will buy coins housed in other holders as I am confident in my grading skills. After the purchase, all of these coins are removed and reholdered by either PCGS or NGC. Anacs is used if a variety is in question.[/QUOTE]
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